Nike and other apparel brands are shifting employment in their Indonesian supply chain away from high-wage parts of the country.

Credit card debt isn’t going away any time soon. In fact, the latest household debt report from the Federal Reserve Bank of New York found that credit card balances rose by $44 billion in the fourth ...

Follow live updates on New York City politics as Mayor Zohran Mamdani announced a record $127 billion budget proposal Tuesday. The eye-popping amount — that one insider called “insanity” — is up ...

Venture capitalists are doubling down on Render, a startup offering easy-to-use cloud infrastructure. On Tuesday the startup said it has raised $100 million in funding at a $1.5 billion valuation. The ...

Will a last-minute $1.5 billion allotment of New York state funds for New York City's operating expenses quash Mayor Zohran Mamdani's "tax the rich" push? It's too soon to tell. Consistent with ...

NEW YORK CITY (WABC) -- Help is on the way for New York City Mayor Zohran Mamdani as he prepares to deliver his first budget address on Tuesday. Gov. Kathy Hochul announced on Monday that she's giving ...

AI companies have been hemorrhaging talent the past few weeks. Half of xAI’s founding team has left the company — some on their own, others through “restructuring” — while OpenAI is facing its own ...

Anthropic said it closed a $30 billion funding round at a $380 billion post-money valuation. It's the second-biggest private financing round on record for tech, following OpenAI's raise of over $40 ...

ABUJA, Feb 12 (Reuters) - Nigeria's state oil firm NNPC booked after-tax profits of 5.760 trillion naira ($4.26 billion) last year, it said, as Africa's biggest oil producer recorded average crude and ...

The Detroit Lions might be feeling like they've missed their window under Dan Campbell. Entering Year 5 with Campbell as head coach, the Lions appear to be in an interesting position. After two ...

WASHINGTON, Feb 11 (Reuters) - The U.S. government posted a $95 billion budget deficit in January, down $34 billion or 26% from a year earlier as revenue gains including customs duties outpaced growth ...